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The Kraft Heinz (KHC) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NasdaqGS•Consumer Defensive•Packaged Foods
C
AverageMetricSide Score: 55/100
ProfitabilityProfit20/30
GrowthGrowth6/25
Balance SheetBalance13/25
Cash QualityCash16/20
Price & Volume
Market Cap $30.06B

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments, sauces, dressings, and spreads; cheese, frozen potato products, and other frozen meals; meal kits, frozen snacks, and pickles; dry packaged desserts, refrigerated ready to eat desserts, and other dessert toppings; ready to drink and powdered beverages, and liquid concentrates; American sliced and recipe cheeses; mainstream coffee, coffee pods, and premium coffee; and cold cuts, bacon, and hot dogs. It offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Capri Sun, Maxwell House, Kool-Aid, Jell-O, ABC, Master, Quero, Golden Circle, Wattie's, Pudliszki, and Plasmon brands, as well as Bagel Bites, Claussen, A1, and Cool Whip. It sells its products through its own sales organizations, as well as through independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts; convenience, value, and club stores; pharmacies and drug stores; mass merchants; foodservice distributors; institutions, including hotels, restaurants, bakeries, hospitals, health care facilities, and government agencies; and various e-commerce platforms and retailers. The company has a strategic partnership with the National Football League. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Moat Signals

Competitive analysis based on 42 quarters of fundamental data

Pricing Power

Weak Moat

Operating margins are under pressure, averaging -5.9%. The business may lack pricing power or face rising costs.'

Competitive Advantage

Weak Moat

ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.

Cash Generation

Strong Moat

Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.

Demand Durability

Weak Moat

Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.

Risk Signals

Data-driven red flags and warnings across 42 quarters

Some Concerns

Margin Pressure

Red Flag

Operating margins dropped 383.3% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Healthy

D/E ratio is 0.5 — conservative capital structure with low financial risk.

Revenue Decline

Red Flag

TTM revenue has contracted 14.0% — significant decline indicating deteriorating demand.

Cash Burn

Healthy

Free cash flow is consistently positive — the business self-funds without external capital reliance.

Share Dilution

Healthy

Shares decreased 2.2% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$24.99B
1.7%
Q. Revenue
$6.05B
TTM EBITDA
$-3.74B
224.2%
TTM Op. Income
$-4.72B
399.3%
Q. Op. Income
$1.15B
TTM Net Income
$-5.76B
316.9%
Q. Net Income
$798.00M
EPS
$0.67
Shares Out.
$1.19B
0.8%
$24.99B in TTM revenue declined 1.7% YoY, reaching $6.05B last quarter. TTM EBITDA of $-3.74B and TTM operating income of $-4.72B shows growth is flowing through. However, net income is negative at $5.76B — growth is not yet reaching the bottom line. Revenue is contracting — assess whether this is cyclical or structural.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
36.7%
6.7%
EBITDA Margin
23.0%
Op. Margin
18.9%
5.0%
Net Margin
13.2%
11.2%
Op. margin of 18.9% is down 1.0% YoY — costs are rising relative to revenue. Net margin at 13.2% and gross margin of 36.7% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
1.2x
P/B Ratio
0.7x
P/S of 1.2x and P/B of 0.7x. A low P/S may indicate the stock is undervalued.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$82.05B
Cash
$3.31B
Long-Term Debt
$19.22B
Book Value
$41.92B
D/E Ratio
0.5
Debt/EBITDA
13.8
With $82.05B in assets and $19.22B in long-term debt, the D/E of 0.5and book value of $41.92B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$1.01B
Free Cash Flow
$766.00M
58.9%
FCF Margin
3.1%
FCF / Net Income
1.0
FCF of $766.00M on $1.01B in operating cash flow. The FCF / Net Income ratio of -0.1x shows cash consumption — the business is not yet self-funding.

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